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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Comment by oreelseon Feb 24, 2014 12:58pm
183 Views
Post# 22243346

RE:Noront's Road

RE:Noront's RoadEastYork. Per the following: Noront's Alan Coutts says it is not worth burning up any more Shareholders Money on drilling further until there is some sense of certainty that they can get their Underground (Concentrated) Ore to Market. No doubt Market will mean being a Ni Cu PGM Concentrate Custom Shipper to Glencore or Vale Ontario. In time, NOT could very well be a Chromite Ore Custom Shipper to KWG & Partner(s) Adding-Value Facilities in the ROF & then KWG & Partner(s) ROF NS RR to the CN RR & on to Market with or without further upgrading. "Toronto Star says Noront moving forward in Ring of Fire 2014-02-24 09:35 ET - In the News The Toronto Star reports in its Saturday, Feb. 22, edition that only a handful of miners from Cliffs Natural Resources and Noront Resources are left at the shared Esker camp, a remote outpost in the Ring of Fire region north of Thunder Bay. The Star's Lisa Wright writes that half of Cliffs Natural Resources exploration camp sits on land claims owned by rival Noront Resources where drilling has stopped. Cliffs said three months ago it was shelving its massive chromite mining project in the Ring of Fire mineral belt. Now a dozen men share an awkward coexistence in a virtual ghost town. While Cliffs is in mothballing mode, Noront is loading up on fuel and other supplies as it prepares to start construction next year on its Eagle's Nest nickel-copper-platinum mine. The Star says the Ring of Fire is touted to be the next Sudbury basin. Noront has spent $200-million to date on exploration and Noront boss Alan Coutts says it is not worth burning up any more shareholders money on drilling further until there is some sense of certainty that they can get underground ore to market. Noront is applying for permit approvals to build an all-season road that is 280 kilometres long."
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